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Precision Castparts (Precision Castparts) Effective Interest Rate on Debt % : 2.57% (As of Sep. 2015)


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What is Precision Castparts Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Precision Castparts's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $132 Mil. Precision Castparts's average total debt for the quarter that ended in Sep. 2015 was $5,142 Mil. Therefore, Precision Castparts's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 2.57%.


Precision Castparts Effective Interest Rate on Debt % Historical Data

The historical data trend for Precision Castparts's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Precision Castparts Effective Interest Rate on Debt % Chart

Precision Castparts Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.55 5.76 1.89 2.06 1.69

Precision Castparts Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.61 1.65 1.62 2.57

Competitive Comparison of Precision Castparts's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Precision Castparts's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Precision Castparts's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Castparts's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Precision Castparts's Effective Interest Rate on Debt % falls into.



Precision Castparts Effective Interest Rate on Debt % Calculation

Precision Castparts's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2014 )+Total Debt  (A: Mar. 2015 ))/ count )
=-1  *  -69/( (3571+4586)/ 2 )
=-1  *  -69/4078.5
=1.69 %

where

Precision Castparts's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2015 )+Total Debt  (Q: Sep. 2015 ))/ count )
=-1  *  -132/( (5285+4998)/ 2 )
=-1  *  -132/5141.5
=2.57 %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Precision Castparts  (NYSE:PCP) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Precision Castparts Effective Interest Rate on Debt % Related Terms

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Precision Castparts (Precision Castparts) Business Description

Traded in Other Exchanges
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Address
Precision Castparts Corp was incorporated in the State of Oregon. The Company is a manufacturer of complex metal components and products provides high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and power applications. It also provides investment castings and forgings for general industrial, armament, medical and other applications; nickel alloys and mill forms, as well as cobalt alloys, for the aerospace, chemical processing, oil and gas, pollution control and other industries; seamless pipe for coal-fired, industrial gas turbine, and nuclear power plants, as well as oil and gas applications; fasteners for automotive and general industrial markets; specialty alloys for the investment casting industry; refiner plates, screen cylinders and other products for the pulp and paper industry; metal-injection-molded and ThixoFormedparts for automotive and other markets; grinder pumps and affiliated components for low pressure sewer systems; critical auxiliary equipment and gas monitoring systems for the power generation industry; and metalworking tools for the fastener market and other applications. It manufactures complex metal components and products in three main business segments: Investment Cast Products, Forged Products and Fastener Products. The Company's Investment Cast Products segment manufactures investment castings for aircraft engines, IGT engines, airframes, medical prostheses, armament, unmanned aerial vehicles and other industrial applications. The segment also provides alloys to PCC's investment casting operations, as well as to other investment casting companies. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. The Company's main competitors are Ladish Co., a subsidiary of Allegheny Technologies, Inc., Fortech, S.A. and Thyssen AG for aerospace turbine products, Alcoa Inc. and Firth Rixson Limited for aerospace structural products, Vallourec & Mannesmann Tubes and Sumitomo Corporation for energy products and Allegheny Technologies, Inc., Carpenter Technology Corporation, Haynes International, Inc., an
Executives
Ulrich Schmidt director PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Richard L Wambold director C/O PACTIV CORP, 1900 W FIELD COURT, LAKE FOREST IL 60045
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432
Timothy A Wicks director C/O PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Andrew Masterman officer: EVP, Pres. Wyman-Gordon 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
Kevin M Stein officer: Exec VP TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Steven G Rothmeier director C/O E.W BLANCH HOLDINGS INC, 500 N. AKARD #4500, DALLAS TX 75201
Russell S Pattee officer: VP and Corporate Controller PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Chris Ayers officer: Exec. VP, Pres. PCC Forgings 4650 S.W. MACADAM, SUITE #440, PORTLAND OR 97239
William D Larsson officer: Sr. VP and CFO 35 SHARPS CIRCLE, RENO NV 89519
Byron O Pond director C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409
Wayne F Robbins officer: President; PCC Flow Technologi 4650 SW MACADAM, STE 440, PORTLAND OR 97239

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